SUMMARY
ZEC/BTC has risen out of the downward pointing symmetrical triangle and is in process of impulsing. Either wave 1 is complete or will do so soon. Assuming wave 1 is done, wave 2 should give in to the upcoming wave 3. The target is 0.3057 BTC. It's interesting that the /BTC pairs are not declining with today's BTC decline and so it's probably not a panic sell cycle. This BTC decline has been quite methodical and controlled and as panic has not been a integral component, the /BTC pairs are expectedly rising.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Elliott Wave Counting Tutorial #1
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
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